Used cars, also known as pre-owned or secondhand, are vehicles that have had one or more owners. They can be purchased through several different sources, including private parties, auctions, car dealers, leasing offices and car companies. Often these vehicles are sold with extended service plans and warranties.
Almost half of the vehicle retail market within the United States is contributed to used car sales. The Empire State Motor Wagon was one of the first car lots that sold pre-owned vehicles. The New York-based company began in the late 1890s.
It is recommended that before purchasing a pre-owned vehicle, people do research on the seller and the car. Vehicle history reports are a great way to check the details on a pre-owned vehicle. Generally these reports include public records concerning product recall, vehicle title branding, odometer fraud and lemon law buybacks. They also outline maintenance and collision or damage records.
There are three forms of pricing reports available for pre-owned vehicles: retail or dealer, private party and dealer trade in. Retail or dealer is the price anticipated when buying from a dealer. Private party is the price anticipated when purchasing from an individual seller. Dealer trade-in is an anticipated price when trading in to a dealer. This price is the same as what a dealer would typically play in an automobile wholesale auction.
Price will vary depending on several different factors. For example, geography can change cost. Convertibles are in higher demand in places with warm climates than cool climates. Or pickup trucks are in more demand in rural areas than urban environments. Other factors, such as car condition and seller may impact price.
Vehicles that have had one or more owners are considered used cars. They cost less than new vehicles and can be bought at rental car companies, car dealerships, auctions, leasing offices and from private parties. The cost will vary. It is recommended that thorough research is done on a seller and the vehicle history before making a purchase.
Almost half of the vehicle retail market within the United States is contributed to used car sales. The Empire State Motor Wagon was one of the first car lots that sold pre-owned vehicles. The New York-based company began in the late 1890s.
It is recommended that before purchasing a pre-owned vehicle, people do research on the seller and the car. Vehicle history reports are a great way to check the details on a pre-owned vehicle. Generally these reports include public records concerning product recall, vehicle title branding, odometer fraud and lemon law buybacks. They also outline maintenance and collision or damage records.
There are three forms of pricing reports available for pre-owned vehicles: retail or dealer, private party and dealer trade in. Retail or dealer is the price anticipated when buying from a dealer. Private party is the price anticipated when purchasing from an individual seller. Dealer trade-in is an anticipated price when trading in to a dealer. This price is the same as what a dealer would typically play in an automobile wholesale auction.
Price will vary depending on several different factors. For example, geography can change cost. Convertibles are in higher demand in places with warm climates than cool climates. Or pickup trucks are in more demand in rural areas than urban environments. Other factors, such as car condition and seller may impact price.
Vehicles that have had one or more owners are considered used cars. They cost less than new vehicles and can be bought at rental car companies, car dealerships, auctions, leasing offices and from private parties. The cost will vary. It is recommended that thorough research is done on a seller and the vehicle history before making a purchase.
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